REAL ESTATE GUIDEMarch 2020

For The Mid-Willamett e Valleywww.tncrealty.com

CLASSIC STYLEImmaculate 3-bedroom, 2.5-bath home built in 2007 boasts 2,577 sq. ft. +/-. Handsome finishes include fireplace mantel, custom cabinets & wide hallways. Exquisite formal dining room perfect for entertaining. Large master retreat with 2 huge closets. All in a cozy neighborhood very close to OSU. No HOA!759484 Corvallis $539,500

See all the mid-Willamette Valley listings online at www.tncrealty.comSee all mid-Willamette Valley listings online at www.tncrealty.com

Brokers:

Catherine Fisher, Owner........(541) 979-9898 Lisa Marie Boyd, Owner ..... (541) 207-2031Angelica Rehkugler ...........(541) 740-0959Clare Staton .............. (541) 753-0880 x223Connie Hartrum .................(503) 983-1972David Ispas ........................(541) 740-3996Debbie Brand .....................(541) 740-3819Elisa Street .........................(541) 740-3812 Elizabeth Foster .................(541) 740-1960 Ethyn Kelley .......................(541) 740-9843 Glenda Stuart ....................(541) 231-5625Heather Leigh ....................(503) 509-5933

Jane Fisher .........................(541) 829-9064Jenni Lorenzen ...................(541) 231-6507Jennifer Baughman ............(541) 610-2451Jessica Pankratz .................(541) 740-1466Jessica Smith .....................(541) 990-4121Jodi Elliott ..........................(541) 368-8391 Jon Polansky ......................(541) 760-4437Joni Berry ...........................(541) 760-0668Kelly Candanoza ................(541) 602-6676Katie Slayden .....................(971) 344-2800Kirsten Starkey ...................(541) 286-0935Kristin Knutson ..................(541) 760-5813

Lee Eckroth ........................(541) 760-4742Marty Fulford .....................(541) 829-2556Malik Hall ..........................(615) 967-4830Melanie Marshall ...............(541) 231-9705 Melissa Cherbas ................(541) 760-7214Meredith Baughman ..(541) 753-0880 x229Michelle Fowler .................(541) 740-8294 Nancy Savage ....................(541) 207-5938Patrick Gross ......................(541) 840-6431Patty Lorenzen ...................(541) 760-5911Robyn vanRossmann .........(541) 760-1280Susan Hetherington ...........(541) 979-3757

CorvallisVisit us at 455 NW Tyler Ave

Call us at 541-757-1781Mon-Fri 8am-5pm, Sat 9am-4pm

Albany Visit us at 321 1st Ave, Suite 3C

Call us at 541-924-5616Hours by Appointment

Town & Country Realty

Connect with Us!

Suzanne Rushman .............(541) 990-8773Tammy Morrison ................(541) 760-5337Teri Zalesky ........................(541) 250-1473Todd Clark..........................(541) 220-9423Tom Rondeau .....................(541) 760-3863Traci Garets ........................(541) 740-1667 Travis Thiel .........................(541) 228-5996 Tricia Kocurek .................... (541) 760-3228

LUXURIOUS WATERFRONT CONDOExceptional & easy living awaits in this 1,429 sq. ft. +/- Renaissance building condo. Expansive riverfront views & incredibly easy access to downtown Corvallis. Floor to ceiling windows, a spacious dining area, beautiful finishes, covered deck & balcony off the master suite completes this impressive space. 760210 Corvallis $720,000

YOUR PRIVATE RETREATHuge 3,997 sq. ft. +/- home nestled in the forest has room for all! Main level living room with vaulted ceiling & picture windows. Master on the main. Formal dining plus breakfast nook. Large basement rec room with a slider to the deck. Five bedrooms & 3.5 baths. 3+ car garage plus an additional garage perfect for hobbies. 760546 Corvallis $635,000

CHARMING DOWNTOWN LIVINGHistoric 1900-built home with a major renovation in 2019. Great light in living room streams through tall windows. Dining room opens to the kitchen with all new stainless appliances. Extra parlor/sitting room. New deck & sunny yard! Exceptional potential dual living with finished basement. 760529 Albany $320,000

HIGHLY DESIRABLE TOWNHOMEThis single level Sunrise Commons townhome offers 1,606 sq. ft. +/-, 2-bedrooms & 2 full bathrooms. Open, spacious great room style floor plan. Additional den, perfect for an office or hobby room. Large master suite with deluxe walk-in closet, private patio out back & large mudroom.760383 Corvallis $370,000

STYLISH SINGLE LEVELRecently remodeled 3-bedroom, 2-bath home in excellent condition with so much to offer! Beautiful stacked stone fireplace & mantel. Designer kitchen with sleek drawer pulls & stainless appliances. This lovely property offers a luxurious master suite with an amazing walk-in closet. A wonderful place to call home.759864 Corvallis $485,000

SPACIOUS & COMFORTABLEPerched on a knoll in N Albany, this 4-bedroom, 3-full bath home has plenty to offer. Two living rooms, both with gas fireplaces. Huge kitchen with stainless appliances & an island. Dining area with access to upper covered deck. Bonus room perfect for office or hobby space. Many updates including new roof in 2019.760282 N. Albany $449,000

CLASSIC NORTHWEST LIVINGExceptional 5-bedroom, 3 full & 2 half-bath home set amongst the trees. Beautifully appointed with granite kitchen counters & stainless appliances. Renovated master bath, upper & lower decks, rec room in finished basement, hobby area & so much more! Northwest living at its best. 759878 Corvallis $641,000

5 COMMUNITY COMMERCIAL LOTSBare land lots in the perfect location for high car traffic visibility for your business & accompanying signage. Two lots front Pacific Blvd & three off Hill/7th. Each are practically shovel-ready for retail, office, fast food, etc. Clean Phase I & II Environmental Reports available. 760407 Albany $565,000

ELEGANT LIVING AT ITS BESTBeautiful, stately 3-bedroom, 2.5-bath home built in 2003 with tasteful accents throughout. Formal dining with chandelier, main level library & upstairs bonus room ideal for den or office. Luxurious master with 2 walk-in closets. Private backyard with pro landscaping, all backing to greenspace. 760023 Corvallis $550,000

SURROUNDED BY NATURAL BEAUTYEnjoy wooded tranquility near McDonald Forest in this 4-bedroom, 2.5-bath home on 1.3 acres +/-. Meticulously maintained with updated kitchen & baths, newer roof & fenced garden area. Living room with fireplace, formal dining & family room with fireplace. Your retreat awaits! 759829 Corvallis $535,000

ROOM FOR ALL IN NEABEACK HILLThis wonderful home offers beautiful views & plenty of room. Built in 1998 with 2,750 sq. ft. +/-, 4-bedrooms & 2.5-baths. Huge bonus room & a great layout! Sits on a 0.22 acre +/- lot. Excellent curb appeal. All in the fantastic & coveted Neabeack Hill neighborhood. 760644 Philomath $487,000

EASY LIVING DREAMSingle level on over 1 acre. Flowing floor plan, 2,568 sq. ft.+/. Hardwood floors, large windows & high ceilings, detailed luxurious woodwork. Generous living room with fireplace & built-in bookcases. Large master with patio access. Office with custom cabinetry. Oversized garage with hobby room. Beautiful grounds, landscaping & off-street parking.760057 Corvallis $765,000

EXCEPTIONAL SINGLE LEVELSolid 3-bedroom, 2.5-bath home with 2,072 sq. ft. +/- at the end of a private lane. Entry courtyard has water feature. Large living room with big picture windows. Kitchen with double ovens & stainless steel appliances. Family room features gas fireplace. All on 2.22 acres +/-. Pastoral views just minutes to downtown Albany.753360 Albany $650,000

ULTIMATE LOCATION & TOTAL PRIVACYSurrounded by McDonald forest, this expansive 5688 sq. ft. +/- offers 6-bedrooms, 4-baths and a huge great room perfect for entertaining. The formal dining room opens to the living room with views from the picture windows. Indoor pool, main level master & newer appliances. All on 3.24 acres +/-.757756 Corvallis $950,000

YOUR FOREST RETREATThis beautifully updated & immaculately kept home sits on 0.25 acres +/- on Witham Hill. Custom kitchen includes bubinga hardwood & concrete countertops. Floor to ceiling windows off the living room. Sparkling remodeled bathrooms & ADA soaking tub. An ultra-private backyard completes the picture-perfect home.758927 Corvallis $550,000

PLENTY OF ROOMYour close-in retreat awaits! Have it all on this 1.86 acre +/- property with 4-bedrooms, 2-baths and easy access to Hwy 34. Stylish updates include a gorgeous cook’s kitchen, formal dining room and an exceptional master suite with vaulted ceiling. Outdoor living awaits with raised beds & a large patio. 758306 Corvallis $525,000

STUNNING CONTEMPORARY HOMEAttention to detail is evident throughout this 3,666 sq. ft. +/- home perched above the Corvallis Club golf course. Custom designed addition & remodel with modern kitchen, private master suite, & expansive landscaping with patios. Enjoy Oregon living at its finest.759118 Corvallis $985,000

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NEW LISTING

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COMING SOON

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A Trusted Leader In Mid-Valley Real Estatewww.tncrealty.com

Move-In Ready McKenzie Farmhouse Backyard landscaping and master on the main level

Lot 6 • 1958 SW Waverly St.MLS #758679 • $559,000

Move-In Ready Kearney Townhome Finished with additional courtyard screening and

select privacy window coveringsLot 40 • 1956 SW 53rd St.MLS #752056 • $399,000

Move-In Ready Austin Bonus Farmhouse Backyard landscaped and air conditioning installed

Lot 18 • 1955 SW Waverly St.MLS #752215 • $539,900

Built by Legend Homes. CCB# 55151 See sales representative for details. All details including prices, amenities and availability are subject to change without notice. Room sizes, square footage and ceiling details vary from one elevation to another. Stated distances are an approximation.

LegendHomes.com/Russell455 NW Tyler Avenue, Corvallis • 541-757-1781

Lee Eckroth can be reached at 541-760-4742 or RussellGardens@LegendHomes.com Community open for tours every Saturday & Sunday 11am-3pm Details at LegendHomes.com/Russell

Move-In Ready Austin Prairie Backyard landscaped and air conditioning installed

Lot 27 • 1938 SW Stanford St.MLS #752152 • $499,000

Move-In Ready McKenzie Farmhouse Backyard landscaping and

select privacy window coveringsLot 16 • 1939 SW Waverly St.

MLS #758678 • $559,900

Convenient to everything: • Oregon State University• Mary’s Peak• Oregon Coast• Wine Country• PDX & EUG

Have it all at

Townhomes NOW SELLING in CorvallisFor more information visit legendhomes.com/sylvia

See Sales Representative for details. All information subject to change without notice and may not be reflected in our models, displays or written materials. Built by Legend Homes, CCB #55151.

Features:• Ultra-low maintenance • Covered front porch entry• Large pantry • Expansive laundry room• Two-car garage

A Trusted Leader In Mid-Valley Real Estatewww.tncrealty.com

People often ask real estate brokers what it means when they see a house is under contract or pending. These can be confusing for a variety of reasons:1) Members of the general public sometimes refer to a home being sold when the property is unavailable but not yet actually sold or closed.2) Zillow, Trulia, and other websites lag the market, which means they may present a property as active when it is actually under contract or even sold.

3) People coming from out of state may be used to other terms/defi nitions than in Oregon. In Oregon, we conform to the following process:Homes that are available to be toured and to purchase are called active. Once a Buyer fi nds a home they like, with the help of their Buyer's Broker, the Buyer makes a purchase off er. This off er includes all the terms of the purchase, such as closing date, price, fi nancing terms, included appliances, and more. The Seller and Buyer, with the help of their brokers, negotiate all terms. Please note: There is a status available to Sellers that comes before active. When a home is not yet ready to be toured but will be available soon, Sellers may choose to list their home as preview. This status is sometimes referred to in marketing as coming soon. Often, these Sellers are still working on preparing the property to sell. However, they are not allowed to be toured in the preview status. Ask your broker for more information about homes listed in preview status.

Until the Seller has accepted an off er, other Buyers may make an off er. The Seller can stop negotiating with one Buyer if another Buyer makes a more appealing off er. Additionally, the Seller is not required to negotiate off ers in any specifi c order or even accept the highest off er. It is entirely the Seller's choice. Unlike in some other states, once a Seller accepts an off er, they cannot terminate it because they receive another off er they prefer.

Once the Buyer and Seller agree on all terms, the property listing status becomes under contract, which is also sometimes referred to as contingent. While the property is under contract, the Buyer completes all due diligence regarding the property condition, fi nancing, title, and more. During this time, another Buyer may make an off er on the property. However, the Seller may only accept that off er as a backup status. After the Buyer completes all due diligence, the property status is changed to pending. During this period, the lender will complete all documents, Seller will complete repairs, and all parties sign

the fi nal closing paperwork. The property purchase is closed and offi cially sold once the title company records the sale with the county, and the Seller's proceeds are available to them.If you are interested in a home, reach out to your professional Real Estate Broker at Town & Country Realty. Your broker will ensure you have the most accurate and up to date information about the availability of the property. Whether buying or selling, if you are ready to go under contract on a home, call Town & Country Realty today at 541-924-5616 in Albany or 541-757-1781 in Corvallis.

Catherine Fisher, Managing Principal Broker, CRS, e-Pro

Ask a Principal Broker: Is This Property Available?

CUTE RANCH STYLEAdorable 3-bedroom, 2-bath home on 0.23 acres +/- near the hospital and HP. Updated kitchen. This charmer is just right with 1,254 sq. ft. +/- & nicely landscaped yards. Well maintained throughout plus a nice addition for added space. Relaxing covered patio perfect for morning coffee. 759940 Corvallis $340,000

CLASSIC SW CORVALLISLoads of potential awaits with this 3-bedroom, 2.5-bath home in a sought-after Corvallis location near the Corvallis Country Club, Adams Elementary & Ashbrook School. Spacious throughout, with high ceilings. Great indoor & outdoor living with large yard & mature fruit trees. Your ideas will make this home shine! 758467 Corvallis $379,500

NORTH ALBANY CHARMEREnjoy tranquility & spectacular views with this 3-bedroom, 2-bath home on 0.57 acres +/-. Exceptional vaulted ceiling & floor-to-ceiling views grace the open floor plan main living area. Updates include vinyl flooring, custom built-in cabinets, newer windows & heated sunroom. Fully fenced backyard! 760457 N. Albany $342,000

NEW LUXURY LIVINGLavish brand new 3-bedroom & 2.5-bath home in the heart of Corvallis. Enjoy a comfortable single level floor plan with high end stainless steel appliances, versatile great room, well-appointed kitchen, solid core craftsman doors & luxury vinyl tile. Entertain on the covered patio & enjoy nearby parks and country club.759066 Corvallis $474,900

CLEAN & SENSIBLE STONEYBROOKBuilt in 2007, this 1,627 sq. ft. +/- home offers two bedrooms & a study. Large, beautiful kitchen includes a gas stovetop, electric oven, & large island. Central AC. East facing patio & backyard. HOA covers front landscaping & use of pool/clubhouse. Welcome home!758761 Corvallis $409,900

HUGE POTENTIALHigh ceilinged 2-story brick commercial building set on a busy corner lot in the heart of downtown Albany. Large picture windows perfect for restaurant or retail display. ADA bath plumbed with new sewer line, stairway leads to 2nd floor for possible retail, storage, offices or apartment. Building recently retrofitted for earthquake. 742469 Albany $325,000

EASY LIVING CONDODesirable West Oaks Condo offering 2-bedrooms & 2 full baths. Built in 2006, this efficient condo has stylish finishes, a spacious living room with fireplace & patio access. Granite tile counters plus super nice new flooring. Includes an enclosed, detached 1-car garage. Live the easy life in this lower level corner unit. 759898 Corvallis $225,000

TREMENDOUS VIEWSHuge potential with this serene country property. A great parcel of land with a large, sunny backyard perfect for gardening. Multiple outbuildings including a shed & older barn. 2 bedroom, 1 bath home with a 2-car garage awaits your ideas! All just minutes to downtown Philomath. 755626 Philomath $175,750

CUTE & MOVE-IN READYThis cozy & classy 2-bedroom charmer offers single level, low maintenance living. At the end of a NW Corvallis cul-de-sac near everything! Recent upgrades include new flooring, interior paint & fixtures. Timberhill HOA includes access to pool next door. 759779 Corvallis $294,750

VIEWS IN NORTH ALBANYViews abound from this 0.23 acre +/- lot in St James Estates. Bring your builder to design your home in this custom home neighborhood, no cookie cutter floor plans here! This gently sloping land is located close to the top of Crocker Ln for huge views. Utilities are available at the street including city water & sewer.754636 Albany $140,000

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Providing the Place You Love to Come Home to Since 1951

Since the beginning of 2017, Town & Country Realty has been and will continue to donate $150 per signed listing to the community, regardless of whether the property sells or not. Since this program began, we have given over $123,000. The Town & Country Realty Real Estate Guide will continue to feature the non-profits in our community that we are supporting through the Your Listing Matters program in an effort to expand the exposure of these extremely deserving organizations. Contact your Town & Country Realty Broker today to find out more about how your listing makes a difference in our community. If your organization has a need, please reach out to us at info@tncrealty.com and let us know. Thank you for your contributions to our local community and for all the work you do to provide the place we all love to come home to!

Your Listing Matters Community Spotlight

ABC House is the child abuse intervention center and only agency providing child abuse assessment and support services for Benton and Linn counties. Over the past 22

years, they have helped more than 10,000 children, youth, and families overcome the crisis of abuse and neglect through assessment and treatment.

Their mission is to break the cycle of child abuse and neglect, supporting children as they find their voice and helping children and families heal and thrive.

ABC House child abuse assessment and support services include:

Medical Exams: ABC House physicians are child abuse experts and specialize in the recognition and treatment of child abuse. During the head-to-toe exam, children have the opportunity to ask questions about how the abuse may have affected their bodies and development, and to receive reassurance from their trained staff.

Forensic Interviews: Forensic interviews are legally justifiable, fact-finding interviews with a child conducted by professionals trained in talking to children to obtain accurate and objective information.

Family Advocacy and Support Services: Families receive support to help them cope with the discovery of abuse as well as help identifying and connecting them to any other needs or resources.

Trauma Counseling: Children learn strategies to help them manage their fear or feelings of being out-of-control when remembering abusive events, and to focus on their own strengths and abilities.

Child abuse is 100% preventable. They believe that prevention education is the key to ending child abuse. ABC House offers a

comprehensive community outreach program that includes a variety of training topics for youth and adults. Be a hero and learn how to recognize, react, and report abuse and how to keep children safe on the internet and social media by attending a free training. Child abuse prevention trainings are provided at no charge to members of the public, churches, businesses, service clubs, and schools. Let ABC House help you take the first step to end child abuse.

Last year, ABC House served 718 children and youth including 442 off-site medical consultations and trauma counseling for 102 clients. They also educated nearly 4,000 community members to prevent abuse.

With increased staffing, the new facility enables ABC House to better meet the demand by serving more families simultaneously without compromising the confidentially and privacy. Child abuse happens in ALL types of families, from the very poorest to the wealthiest and most powerful. No child in need is ever turned away due to an inability to pay and children are seen at no out-of-pocket cost to the family.

ABC HouseHelping children, youth, and families overcome the crisis of abuse and neglect

Celebrate Hope 2020Thursday, April 2nd at Boulder Falls Center

Celebrate Hope is ABC House's annual fundraising and awareness dinner. The theme this year is Ignite Hope! Community members are encouraged to join ABC House for dinner where there will be a chance to donate and learn how you can make a difference in the life of a child. A specialty event-themed cocktail will be available for purchase. All proceeds from the night go to helping children and their families heal and thrive. Town & Country Realty is proudly a presenting sponsor of this event.

ABC House’s continuing success relies heavily on donations and volunteers. For more information, visit abchouse.org or call (541) 926-2203.

March 6th - 8thOSU Men’s Baseball

Friday: 5:35pmSaturday: 4:05pmSunday: 12:05pm$15-$20, Goss Stadium

March 7th & 8thAlbany Rifl e & Pistol Club Gun Show

March 7, 9am – 5pmMarch 8, 9am – 3pm$7, Linn County Expo Center

March 7thOSU Men’s Basketball vs. California

1:30pm, Prices VaryGil Coliseum

Albany Taps & Caps4pm – 9pmTicketing TBA, 21+This event is a fundraiser to benefi t Furniture Share Programs helping Families in Crisis and Beds for Kids

March 8thHeart of the Valley Children’s Choir: Winter Concert

7pm, $8-$10First United Methodist Church

March 11th2020 Sprout Film Festival

4pm & 7pm, Admission Free, Donations EncouragedMajestic Theatrefacebook.com/events/219772992375882/

Wednesdays at the WhitesideFilm: Dr Strangelove (1964)7pm, $7Whiteside Theater

March 12thBYU International Folk Dance Ensemble

7pm, $12LaSells Stewart Center

Sustainability Fair & Town HallFair, 5-7pmTown Hall, 7-9pmCH2M Hill Alumni Center

March 14th6th Annual Winter Wildlife Field Day

11am – 3pm, FreeWilliam L. Finley Wildlife Refuge

Run to Get Lucky 5k and 15k12pm-3pm, $10-$50Downtown Corvallis

March 14thCorvallis Comedy Night: Emmy Blotnick

7:30pm, $14Warning: This show will contain adult language. Majestic Theatre

March 16thStarker Lecture Series: Women of Forestry

“Women as change agents in Forestry” lecture by Robin Wall Kimmerer5pm, FreeCH2M Hill Alumni Center Ballroom

March 18thWednesdays at the Whiteside

Film: The Boondock Saints (1999)7pm, $7Whiteside Theater

March 19thSAC Presents Slavic Soul Party!

7:30pm, $30-$40LaSells Stewart Center

Whiteside Live: Sugarhill Gang & the Furious Five

7pm, $25-$30Whiteside Theatre

March 20th - 22ndNorthwest Horse Fair & Expo

Friday 20th, 10am – 9pmSaturday 21st, 9am – 9pmSunday 22nd, 9am – 6pm$14 for adultsChildren ages 5 & under are freeParking Fee: $4 per vehicle

OSU Men’s Baseball vs Arizona StateFriday: 5:35pmSaturday: 1:35pmSunday: 1:05pm$15-$20Goss Stadium

March 21stCommunity Shred Event

9am-4pm, FreeTown & Country RealtyTncrealty.com

March 21st - 23rdOSU Women’s Softball vs Washington

Saturday: 2:30pmSunday: 3pmMonday: 12pm$4-$6OSU Softball Complex

March 25thWednesdays at the Whiteside

Film: The Dark Crystal (1982)7pm, $7Whiteside Theater

March 28thWednesdays at the Whiteside

Film: The Princess Bride (1987)7pm, $7Whiteside Theater

March 28th - 29thPacifi c NW Reptile & Exotic Animal Show

Saturday 28th, 10am – 5pmSunday 29th, 10am – 4pm$10 Single day admission$15 2 day admission$5 Children 6-10 years of ageChildren 5 and under FREE

April 22ndFirst Aid Class at Town & Country Realty

Registration requiredSee inset for details

April 23rdCPR Class at Town & Country Realty

Registration requiredSee inset for details

CPR & First Aid ClassFirst Aid: Wednesday, April 22nd

CPR: Thursday, April 23rd

Contact Jessica at jn@tncrealty.com or 541-757-1781 for details. Hosted by Town & Country Realty Corvallis Office

Pre-registration is required by April 3rd$55 per person for First Aid & CPR classes$35 per person for CPR only

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Providing the Place You Love to Come Home to Since 1951

Upcoming Community EventsMARCH

Monthly Shredding EventBring your confi dential personal papers for complimentary

shredding the third Saturday of every month!

This Month:March 21st 9AM-4PMTown & Country Realty, 455 NW Tyler Ave, Corvallis

All shredded paper is recycled, so please make sure there is no plastic or trash in with your documents.

This information is not guaranteed. Please contact the event organizer to confirm all details. To submit your event to the Real Estate Guide, please email all details to advertising@tncrealty.com

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Providing the Place You Love to Come Home to Since 1951

Call Town & Country Realty to receive this information every month! Corvallis - 541-757-1781 • Albany - 541-924-5616

As shown in these 20-year graphs, real estate values in the mid-Willamett e Valley are holding strong in the long term. A steady market is a great time to consider making a move or begin investing in your future. If you have questions about the Real Estate market, call Town & Country Realty. We look forward to helping you reach your goals!

20 Years of Home Ownership

Data Reported: 2/28/20, source: www.fh fa.gov, All information deemed reliable but not guaranteed.* A current market analysis does not replace the need for an appraisal in certain situations.

Year

ly A

ppre

ciat

ion

Rat

e

Annual Appreciation: Corvallis, Oregon1999-2019 Home Price Index

-10%

-5%

0%

5%

10%

15%

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

-1.2

%

2.9% 3.

6%

3.7% 4.

6%

9.2%

12.2

% 14.3

%

5.8%

-2.0

%

-5.0

%

-2.2

%

-3.3

% 0.9%

3.4%

6.2%

5.0%

7.2%

9.0%

6.8%

2018

2019

5.

8%

Annual Appreciation: Albany-Lebanon, Oregon1999-2019 Home Price Index

Year

ly A

ppre

ciat

ion

Rat

e

-10%

-5%

0%

5%

10%

15%

0.5% 1.

6%

3.3%

1.5% 2.

4%

5.0%

13.7

%

13.3

%

6.9%

-5.3

%

-6.2

%

-5.7

%

-4.6

%

-2.3

%

4.6%

5.6%

7.2%

9.9%

14.2

%

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

12.1

%

7.4%

These fi gures were calculated with the Federal Housing Finance Agency House Price Index Calculator. According to fh fa.gov,

"[The calculator] does not project the actual value of any particular house. Rather, it projects what a given house purchased at a point in time would be worth today if it appreciated at the average appreciation rate of all homes in the area.

The actual value of your house will depend on the local real estate market, house condition and age, home improvements made and needed, and many other factors. Your Town & Country Realty Broker can provide you with a free current market analysis and professional estimate of the current value of your home.*

What does this appreciation mean over time for you? It's often diffi cult to conceptualize how appreciation and market infl ation will eff ect the value of property over time. To help illustrate the increase in home value over the last twenty years, we have calculated with the percentage value increase in Corvallis and Albany using a tool provided by Federal Housing Finance Agency. Please note the beginning numbers are not adjusted for infl ation.

If you bought property in Corvallis in 2000 for

$160,000 the current market value based

solely on appreciation rates would be

$370,664An increase of 132%!

If you bought property in Albany-Lebanon

in 2000 for

$105,000 the current market value based

solely on appreciation rates would be

$229,450An increase of 118%!

Quality Residential Construction, LLC

CCB#167712 541-619-5787

Email: john@QualityResidentialConstruction.com

Specializing in Additions, Remodeling, Kitchens, Baths, Garages, Decks, Aging in Place and More!

A&L ROOFING Affordable Quality(503) 371-0179 • contact@alroofingsalem.com

4692 Lancaster Dr. NE, SalemAsphalt Shingles • Metal Roof • Flat PVC Roofing • Repairs

Brought to you by John Robinson of Quality Residential Construction LLC

You may have heard the term “ADU” and wondered what it is. Accessory Dwelling Unit is an att ached or detached residential structure that is an accessory to a single-family dwelling. Typical uses include caring for a family member, providing housing for your children during college/young adult years, or providing rental income. ADUs have been around for a while but are more commonly being discussed now due to implementation of Oregon Senate Bill 1051 signed into law in August of 2017. This new law basically requires that cities allow one ADU to be constructed for each single-family home. The important thing to remember here is that the law provides for the ability to build an ADU, it does not mandate that every single-family home have one. Lot density and setbacks have to be followed so it is possible that some existing homes may not be able to have an ADU.The intent of the law was to improve the

supply of housing and remove some of the common barriers of constructing an ADU, and to provide some standardization throughout the state. Cities were given

until July of 2018 to get the necessary changes implemented into their local codes. Then House Bill 2001 passed in July 2019. This law mandates that cities must allow construction of duplexes, triplexes and fourplexes in single family zoned areas. There are two deadlines for implementation depending upon the cities’ population, June 2021 and June 2022. What is

important to note here is that House Bill 2001 also clarifi ed several key issues with ADUs that cities were not embracing. Now, cities are not allowed to require off street parking or owner occupancy for ADUs. The addition of ADUs to neighborhoods is sometimes referred to as the “missing middle”. Middle housing is ADUs, duplexes, tri-plexes and four-plexes. It uses the term

middle because they are between single family homes and large apartment buildings. Missing is because they have, in the past, been limited in where they can be built and thus often absent from current markets. Allowing a greater mix and type of housing diversity is a good thing; we all love the freedom of choice. ADUs will fi ll a need for many families that desire multi-generational housing or alternative options when utilizing their property.As with any changes to housing regulations in your area, it is your due diligence as the homeowner or homebuyer to verify any local laws with the appropriate agencies.If you are considering an accessory dwelling unit at your property or any other home renovations, call us at 541-619-5787. We look forward to working with you to ensure you have all necessary permits and a great experience.

ACREAGE • LOTS

A Trusted Leader In Mid-Valley Real Estatewww.tncrealty.com

541-753-3620 duerksenrentals.com dawn@duerksenrentals.com

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(888) 610-6760www.hendrixheating.com24/7 Emergency ServiceCCB# 95758

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VIEWS, VIEWS, VIEWSHere is an exciting opportunity to build your dream home! Gorgeous 10.03 acre +/- parcel just minutes from town yet incredibly private. Capture stunning sunrises over the Three Sisters, Mt. Jefferson, & the Willamette Valley. Excellent well. Septic approval & access.737549 Corvallis $445,000

BUILD YOUR DREAM HOMEBeautiful semi-rural 5 acres +/ parcel perched atop the Fern Hill neighborhood community. Gently sloped lot featuring coastal range views now ready for development. Ideal location between Monmouth & Dallas, & a short drive to Corvallis with end of road seclusion. Underground utilities available & septic approved.750129 Monmouth $260,000

BUILD ON YOUR OWN RIVER FRONT ACREAGEBeautiful 9 acre +/- property with 330 ft +/- of scenic river frontage. Approved for separation and 2 residences, 1 on a minimum of 2 acres. Hwy 34 frontage of 1,320 ft +/-. Buyer can establish own lots with required survey. Property already has well to support both residences. Sale subject to CPI Board approval. Possible seller carried financing. 716604 Alsea $225,000

CASCADE VIEWSThis large 0.23 acre +/- lot is the perfect in-town opportunity to build your dream home with views. Super convenient to Good Samaritan Hospital, groceries & shopping. Close to Hwy 99 and Hwy 20 for an easy commute. Established neighborhood. Utilities are to the street. Zoned residential RS-3.5.751212 Corvallis $99,000

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ADUs - What's All the Buzz?

READY TO BUILDLive surrounded by nature on 7.43 acres +/- in the heart of the Willamette Valley. A lovely place to have it all! Build a dream home, cabin or manufactured home in this beautiful setting. This secluded building site has well & septic installed. Tour this gorgeous property today, watch the possibilities become a reality. 753538 Brownsville $175,000

BUILD THE DREAM HERERare NW Corvallis lot offers 0.22 acres +/- in an established neighborhood to build your dream home. Come & build in the heart of Corvallis on this desirable piece of property. Near shopping & services. Property next door at 2930 NW Ashwood to have 1st right to purchase. 740251 Corvallis $169,900

Town & Country Realty is proud to announce that Kristin Knutson, Principal Broker has been awarded the Accredited Buyer’s Representation (ABR®) designation by the Real Estate Buyer’s Agent Council (REBAC) of the National Association of REALTORS® (NAR).To receive the ABR designation, Brokers must complete multiple courses with exams and represent at least fi ve buyers in successful real estate transactions. Kristin has worked for the past 13 years in every aspect of residential real estate, representing both

sellers and buyers. With a guiding belief that eff ective communication leads to a great transaction, she seamlessly negotiates and advocates for her clients. Kristin is known for great customer service, consistent communication and att ention to detail.REBAC, founded in 1988, is the world's largest association of real estate professionals focusing specifi cally on representing the real estate buyer. There are more than 40,000 active members of the organization world-wide. The National Association of REALTORS® is the world's largest professional association, representing over one million members involved in all aspects of the real estate industry. Town & Country Realty is proud of our Brokers’ on-going commitment to education and the high level of professional real estate service they provide in the mid-Willamett e Valley. Kristin Knutson, Principal Broker can be reached at 541-760-5813 or at kristin@tncrealty.com.Congratulations, Kristin!

www.tncrealty.com

Malik Hall, Broker Joins Town & Country Realty

Town & Country Realty is proud to welcome Malik Hall, Broker. Malik strongly believes in respect, honesty, and dedication to all he encounters. He understands as a broker, his value comes from his ability to create solutions to his clients’ needs. Malik enjoys building relationships beyond a property transaction. This means anticipating client’s needs, understanding their wants, and simply enjoying the company of everyone he works with. Before becoming a real estate broker, Malik held

various positions in customer service. This experience taught Malik to appreciate connecting with colleagues and clients. Communication is key when it comes to helping a buyer and seller accomplish their goals, so it is very important to him that he is always available to help.Malik was born and raised in Tennessee--from Memphis to Nashville--he grew up involved in music. From playing in church, to performing as a pianist in jazz band at Tennessee Tech University, he understands the work and study it takes to perform at a high level. Since moving to Oregon, Malik has been amazed with everything Corvallis has to off er, from the color of the trees in the fall to the friendly and welcoming people he’s met. He is proud to call Corvallis his home. Outside of the offi ce, Malik spends his free time hanging out with his family, exercising, and reading. On this next chapter, Malik says, “I feel like progress is the key to happiness, so I make sure I’m accomplishing something in every direction of my life.”Malik Hall, Broker can be reached at 615-967-4830 and at malik@tncrealty.com. Welcome, Malik!

Malik Hall,Broker

Kristin Knutson, Principal Broker Earns ABR Designation

Kristin Knutson,Principal Broker, ABR, e-PRO

541-757-1781 • 455 NW Tyler Ave, Corvallis & 541-924-5616 • 321 1st Ave E, Ste 3C, AlbanyContact Your Town & Country Realty Professional Today!

Lee Eckroth, Principal BrokerCNE, CRIS, e-Pro, GRI

(541) 753-0880, ext. 240

Joni Berry Principal Broker(541) 760-0668

Meredith BaughmanBroker, ABR, CRS

(541) 753-0880, ext. 229

Kelly CandanozaBroker, ABR, CNE, PSA

(541) 602-6676

Todd ClarkBroker

(541) 220-9423

Lisa Marie Boyd Principal Broker/Owner

(541) 207-2031

Catherine FisherManaging Principal Broker/Owner

(541) 979-9898

Jodi ElliottBroker

(541) 368-8391

Jane FisherBroker, ABR, CRS(541) 829-9064

Michelle FowlerBroker, CNE, CRS, CRIS, CHMS

(541) 753-0880, ext. 225

Marty FulfordBroker

(541) 829-2556

Elizabeth FosterBroker

(541) 740-1960

Traci GaretsBroker

(541) 740-1667

Patrick GrossBroker

(541) 840-6431

Melissa CherbasBroker

(541) 760-7214

Jennifer BaughmanBroker

(541) 610-2451

Melanie MarshallBroker, CRS, GRI(541) 231-9705

Patty LorenzenBroker, CRS

(541) 760-5911

Susan HetheringtonBroker, CRS

(541) 979-3757

Tricia KocurekBroker, CRS, GRI

(541) 753-0880, ext. 235

Kristin KnutsonPrincipal Broker(541) 760-5813

Heather LeighBroker

(503) 509-5933

Jenni LorenzenBroker

(541) 231-6507

Ethyn KelleyBroker

(541) 740-9843

David IspasBroker

(541) 753-0880, ext. 230

Kirsten StarkeyBroker

(541) 286-0935

Clare StatonBroker, GRI, SRES

(541) 753-0880, ext. 223

Glenda StuartBroker

(541) 231-5625

Travis ThielBroker

(541) 228-5996

Elisa Street Broker

(541) 740-3812

Robyn vanRossmann Broker

(541) 760-1280

Teri Zalesky Broker, ABR, GRI(541) 250-1473

Jessica SmithBroker

(541) 990-4121

Tammy MorrisonBroker

(541) 760-5337

Jessica PankratzPrincipal Broker(541) 740-1466

Tom RondeauBroker

(541) 753-0880, ext. 247

Jon PolanskyBroker

(541) 760-4437

Angelica RehkuglerBroker, ABR, GRI(541) 740-0959

Katie SlaydenBroker

(971) 344-2800

Nancy SavageBroker

(541) 207-5938

Suzanne RushmanBroker, GRI

(541) 753-0880, ext. 255

Connie HartrumBroker

(503) 983-1972

Debbie BrandPrincipal Broker, CRS, SRES

(541) 740-3819

Malik HallBroker

(615) 967-4830